Posts with tag: technology
Elon Musk's $97.4 billion offer for OpenAI rejected by CEO Sam Altman; OpenAI seeks profit, Musk sues to prevent it.
Published on: February 11, 2025, 11:02 AM UTC
US stock futures edged lower Tuesday as markets eye tariff policy shifts from President Trump and await inflation testimony from Federal Chair Jerome Powell.
Published on: February 11, 2025, 11:02 AM UTC
Trump's reciprocal tariffs plan could impact US trading relationships globally, with countries with high average tariffs being particularly affected. The plan's detayls and implementation remain unclear, but it has the potential to disrupt trade and lead to bureaucratic challenges.
Published on: February 11, 2025, 10:01 AM UTC
Vietnam's currency, the dong, fell to a record low against the dollar as the central bank weakened the daily reference rate for a sixth consecutive day.
Published on: February 11, 2025, 09:01 AM UTC
Stocks struggle amid tariff concerns and await key events like Fed Chair Powell's testimony and US inflation data. Gold hits a new high while the dollar holds gains. Investors weigh the potential impact of trade tensions on global markets.
Published on: February 11, 2025, 09:01 AM UTC
US stock futures dip as investors react to Trump's 25% tariffs on steel and aluminum imports. Tech stocks continue to struggle amid AI spending concerns. Coffee futures surge to a record high on supply concerns and panic-buying. Gold prices hit a new all-time high as safe-haven demand increases.
Published on: February 11, 2025, 08:01 AM UTC
Donald Trump's early actions as president range from dramatic to trifling. He wants to slash billions of dollars in spending on foreign aid, consumer protection, and healthcare, while also hoping to end production of the penny. These seemingly unconnected ideas have a common thread: financing tax cuts, one of Trump's top priorities.
Published on: February 11, 2025, 07:01 AM UTC
Meta Platforms' strong performance drives "Magnificent Seven" tech stocks higher; AI spending concerns weigh on sector.
Published on: February 11, 2025, 06:03 AM UTC
Elon Musk’s plans to transform X into a digital payments platform could benefit from the Trump administration’s recent order to halt work at the Consumer Financial Protection Bureau (CFPB), which oversees such companies. Critics argue Musk may have a conflict of interest, as X would likely come under CFPB oversight.
Published on: February 11, 2025, 06:01 AM UTC
US stock futures dip as Trump's 25% tariffs on steel and aluminum imports weigh. Tech stocks continue to struggle with AI spending concerns, while coffee futures hit an all-time high due to supply constraints.
Published on: February 11, 2025, 06:01 AM UTC